Wills Archives

On behalf of Newman Law Group posted in Wills on Thursday, June 1, 2017.

Many people residing in California will prepare for the possibility of future long-term care assistance by directing that the expenses of that assistance be paid by federal Medicaid. However, the desire for that method of asset protection is easier said than done. That is because Medicaid has a myriad of qualifying rules that must be met to be qualified for coverage.

On behalf of Newman Law Group posted in Wills on Monday, May 15, 2017.

There are several options that an individual or married couple residing in California may choose when deciding who to appoint in the will as a personal representative of the after-death estate. The first thing that people generally try to do is to appoint a trusted friend or family member to manage the estate and make the ultimate distributions to the heirs. In the case of a husband and wife with mutual wills, they will generally appoint each other as personal representatives, with an alternative who will act if both spouses die within a short time of each other.

On behalf of Newman Law Group posted in Wills on Thursday, May 4, 2017.

In California and elsewhere, the process of estate planning serves several useful purposes. One of the most important is the protection of assets on behalf of one's selected heirs. Having everything in order at one's death will prevent unnecessary family squabbles and monetary expenses and will assure that the maximum value of assets will go to the family members and friends that the maker chooses.

On behalf of Newman Law Group posted in Wills on Friday, April 21, 2017.

For many people throughout the country, including here in California, there is nothing more important than the well-being of their beloved pets. The thought of one's pets being dropped off at a public shelter upon the owner's death is anathema to the great majority of pet owners. That is why providing for pets in wills and other estate planning documents can deliver precious peace of mind to the individuals and couples who own pets.

On behalf of Newman Law Group posted in Wills on Friday, March 31, 2017.

In California and throughout the country, estate planning is a process of preparing for future eventualities in a way that protects one's family and dearest friends from inconvenience and even loss of one's assets. The use of various trusts, a will, power of attorney and health care directives form the core of asset protection. By being able to designate the preferred family and friends for asset inheritance and those best qualified to manage the necessary procedures on one's behalf, the individual is able also to assure that his/her wishes will be followed.

On behalf of Newman Law Group posted in Wills on Wednesday, March 22, 2017.

The prospect of a married couple dying simultaneously or near to each other, such as in an accident, is slim but it does happen. An estate planning attorney in California or elsewhere will consider that prospect when making mutual wills for a couple. The provision becomes important especially where there are young children to be considered.

On behalf of Newman Law Group posted in Wills on Friday, March 10, 2017.

It seems as if every family has at least one of those relatives with whom no one wants to associate. For the most part, the majority of California residents are free to maintain relationships with only those friends and relatives they like. However, in some cases, it is possible that these same relatives with whom the individual does not wish to associate could be the very ones who will receive an inheritance upon the individual's death due to that individual's lack of estate planning.

On behalf of Newman Law Group posted in Wills on Friday, January 13, 2017.

Protecting loved ones is often one of the primary goals expressed by California residents. There are many ways in which this goal is accomplished; loved ones can be protected both physically and financially. One way in which they are protected financially is through estate planning and ensuring that asset protection concerns have been addressed.

On behalf of Newman Law Group posted in Wills on Monday, January 9, 2017.

The typical California family is anything but typical. Some families consist of mom, dad and the kids; other families include step-parents and step-children. Estate planning is essential regardless of the family make-up; however, with blended families, estate planning can be crucial in making sure that each individual receives the intended inheritance.

On behalf of Newman Law Group posted in Wills on Monday, December 12, 2016.

No one knows what the future holds. Everyone makes plans for the future; however, for some, there is no future. Unfortunately, California residents die every day, and planning for this inevitability benefits all involved. Perhaps the best way to plan and protect family and assets is through the creation of wills.

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